1. High Value (RTGS) Payments User Guide
  2. RTGS Processing
  3. RTGS Inbound Transaction
  4. Inbound High Value Payments Transaction Input
  5. Main Tab

Main Tab

  1. Click Main tab on the Inbound Cross Border Payments Transaction Input screen.

    Figure 3-27 Inbound Cross Border Payments Transaction Input_Main Tab

    Description of Figure 3-27 follows
    Description of "Figure 3-27 Inbound Cross Border Payments Transaction Input_Main Tab"
  2. On Main sub-screen, specify the fields.

    For more information on fields, refer to the field description below:

    Table 3-14 Inbound Cross Border Payments Transaction Input_Main - Field Description

    Field Description
    Payment Details --
    Booking Date The system defaults the booking date as application server date.
    Instruction Date The system defaults this date as application server date and the payment is processed on the Instruction Date.
    Activation Date System retains the Activation Date input by the user. Also, Activation date is an optional field. If the activation date is not provided, system derives the same.
    Activation Date is calculated in the following way:
    • The required number of days are present between activation date and instruction date taking into consideration the settlement days, float days and holidays.
    • Activation date is not a back date
    • Activation Date is not a branch holiday
    You can correct the dates and retry, if the validation fails on user input. Error message id displayed for the same.

    Note:

    • If the payment request is received through web services, system re-derives the activation date and proceeds with the payment.
    • If the transaction is moved to Network cut off queue, you can provide Activation Date and Instruction date while performing Carry Forward action.
    • The’ Value Date change’ action from Future Valued Queue allows providing a new Activation date & Instruction date.
    • ACH/RTGS transactions when force-released with a future instruction date, the transaction processing is completed with accounting on the current day itself. Dispatch records are inserted with settlement date as the instruction date. Dispatch of messages/file happens on the instruction date.
    Transfer Currency System defaults transfer currency if the network allows only single currency as per Network currency preferences (PMDNCPRF).

    If multiple currencies are allowed then the system allows you to specify the transaction currency. Alternatively, you can select the transaction currency from the option list. The list displays all valid transaction currencies maintained in the system.
    Transfer Currency Name System defaults the name of the Transfer currency displayed.
    Transfer Amount Specify the transaction amount, if required.
    Instructed Currency Specify the Instructed/ Debit currency instructed by the customer. Alternatively, you can select the currency from the option list. The list displays all valid currencies maintained in the system.
    Instructed Currency Name System defaults the name of the Instructed currency displayed.
    Instructed Amount Specify the Debit Amount /Instructed amount by the originator.
    Credit Account Specify the credit account, to which the amount is to be credited. Alternatively, you can select the Credit account from the list of values. You can select, both DDA and loan accounts from the list of values, as the Credit Account.

    All open and authorized accounts maintained in External Customer Account (STDCRACC) and External Consumer Loan Account (STDCRCLN) are listed here.

    Note:

    • EAC check is skipped, if the Credit account is a Loan account
    • During initial validations, loan account check is done before account re-direction
    • Credit Account also gets populated on providing Account number in 59:Ultimate Beneficiary section. On clicking Enrich details gets populated
    Creditor Name System defaults the name of the Credit account selected.
    Credit Account Currency The system displays the credit account currency based on the credit account selected in the 59: Ultimate Beneficiary section
    Credit Amount Specify the credit amount to be received here.
    Exchange Rate Specify the exchange rate if debit account currency is different from the transfer currency. The system retains the input value and validates the same against override and stop variances maintained in the Network preference.

    If exchange rate is not specified, then the system populates the exchange rate on enrich or save, if the transfer amount is less than small FX limit maintained. If transfer amount is more than small FX limit and, if external exchange rate is applicable, then rate pick up will happen during transaction processing.
    Sender Bank Specify the Sender Bank details, from where the payment is sent. Select the BIC of the Sender Bank from the list of values displayed.
    Enrich button Click the Enrich button to populate the exchange rate, debit amount and charge/tax amounts.

    If exchange rate pick up or charge pick up fails, system throws an error. You can then provide the required values and proceed with the transaction.
    Customer Number System defaults the value of Customer Number on clicking Enrich, based on the Account selected in Ultimate Beneficiary section.
    SSI Label Select the required SSI label from the list of values.

    Note:

    This list will be populated with valid SSI Labels, applicable for the customer and the Network. If Customer or Network details are not available, the fetch action of the list of values displays the information message to this effect. The list of values is queried based on the fields SSI Label, Beneficiary Bank ID, Beneficiary Account & Account IBAN.
    FX Reference Specify the foreign exchange reference.
    Debit Account Specify the debit account of the transaction. Alternatively, you can select the debit account from the option list. The list displays all valid accounts maintained in the system.

    Also user can select the BIC in 50: Ordering Customer and on clicking Enrich, Debit Account
    details gets populated

    Debtor Name System defaults the name of the Debit account selected.
    Debit Account Currency System displays the debit account currency based on the debit account selected.
    Debit Amount System defaults the Transfer Amount specified. On clicking Enrich, system calculates the Debit Amount based on the Exchange Rate specified and the Currency specified.
    Debit Value Date System displays the Debit Value Date.
    Credit Value Date System would derive the credit value date as part of transaction processing. This field is disabled for user input.
    Bank Operation Code The value of CRED would be defaulted in this field. If any other value is desired then select one of the following codes using LOV:
    • CRED - This message contains a Credit Transfer where there is no SWIFT Service Level involved.
    • CRTS - This message contains a Credit Transfer for test purposes.
    • SPAY - This message contains a Credit Transfer that must be processed according to the Swift Pay Service Level.
    • SPRI - This message contains a Credit Transfer to be processed according to the Priority Service Level.
    • SSTD - This message contains a Credit Transfer to be processed according to the Standard Service Level.
    Banking Priority Select the required priority of payment messages from the following:
    • Highly Urgent
    • Urgent
    • Normal (Default)
    Charge Whom Select the option to specify, as who should be charged for the transaction initiated:
    • OUR
    • BEN
    • SHA
    Debit Entry Date For inbound transactions, the system computes the Debit Entry Date.
    Credit Entry Date For inbound transactions, the system computes the Credit Entry Date.
    Message Date For inbound transactions, the system computes the message date based on the credit value date and displays it here along with the cut-off time.
    50: Ordering Customer

    During enrichment (or save), the debtor account number will be populated in the Account field. Name and address will be populated with customer details of the account present in Customer maintenance (CIF).

    You can modify the following details:
    Party Identifier Specify the Party Identifier.
    BIC/ Name and Address 1 You can select the BIC using LOV. Specify the name or the first line of the Ordering Customer’s address. A maximum of 35 characters are allowed in each of these Name and Address fields.
    BIC Code Description System defaults the description of the BIC Code selected.
    Name and Address 2 Specify the continuation of name and the second line of the address.
    Name and Address 3 Specify the third line of the address.
    Name and Address 4 Specify the fourth line of the address.
    52: Ordering Institution --
    Party Identifier Specify a national clearing code. The following codes should be used, preceded by '//’.

    Refer Clearing Code table given below.
    BIC/ Name and Address 1 Select the BIC using LOV. Specify the name or the first line of the Ordering Customer’s address. A maximum of 35 characters are allowed in each of these Name and Address fields.
    BIC Code Description System defaults the description of the BIC Code selected.
    Name and Address 2 Specify the continuation of name and the second line of the address.
    Name and Address 3 Specify the third line of the address.
    Name and Address 4 Specify the fourth line of the address.
    58: Beneficiary Institution --
    Party Identifier Specify a national clearing code. The following codes should be used, preceded by '//’.

    Refer Clearing Code table given below.
    BIC/ Name and Address 1 You can select the BIC using LOV. Specify the name or the first line of the Ordering Customer’s address. A maximum of 35 characters are allowed in each of these Name and Address fields.
    BIC Code Description System defaults the description of the BIC Code selected. Refer table
    Name and Address 2 Specify the continuation of name and the second line of the address
    Name and Address 3 Specify the third line of the address.
    Name and Address 4 Specify the fourth line of the address.

    Note:

    It is mandatory that, the Receiver must be a RTGS member.
    59: Ultimate Beneficiary

    These fields should not be input in case of Bank Transfer.
    Account Specify the account number of the ultimate/end beneficiary.
    BIC/ Name and Address 1 You can select the BIC using LOV. Specify the name or the first line of the Ordering Customer’s address. A maximum of 35 characters are allowed in each of these Name and Address fields.
    BIC Code Description System defaults the description of the BIC Code selected
    Name and Address 2 Specify the name and the first line of the Ultimate Beneficiary’s address.
    Name and Address 3 Specify the name and the second line of the Ultimate Beneficiary’s address.
    Name and Address 4 Specify the name and the third line of the Ultimate Beneficiary’s address.
    -- -- --
    AT 5!n Austrian Bankleitzahl
    AU 6!n Australian Bank State Branch (BSB) Code
    BL 8!n German Bankleitzahl
    CC 9!n Canadian Payments Association Payment Routing Number
    CH 6!n CHIPS Universal Identifier
    CN 12.14n China National Advanced Payment System (CNAPS) Code
    CP 4!n CHIPS Participant Identifier
    ES 8.9n Spanish Domestic Inter banking Code
    FW without 9 digit code Pay by Fedwire
    GR 7!n HEBIC (Hellenic Bank Identification Code)
    HK 3!n Bank Code of Hong Kong
    IE 6!n Irish National Clearing Code (NSC)
    IN 11!C Indian Financial System Code

Parent topic: Inbound High Value Payments Transaction Input